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File #: 2024-1855    Version: 1
Type: Motion Status: Approved
File created: 8/6/2024 In control: General Legislative Session
On agenda: 8/21/2024 Final action: 8/21/2024
Title: Motion 24-332, approving and authorizing the County Executive to sign the agreement between Earth Finance, Inc and Snohomish County
Attachments: 1. Motion 24-332, 2. Staff Report, 3. Agreement - SIGNED, 4. Certificate of Insurance, 5. Earth Finance W9, 6. Motion Assignment Slip

 

 

Executive/Council Action Form (ECAF)

 

 

ITEM TITLE:

Title

Motion 24-332, approving and authorizing the County Executive to sign the agreement between Earth Finance, Inc and Snohomish County

body

DEPARTMENT:  Executive

 

ORIGINATOR:  Simreet Dhaliwal-Gill

 

EXECUTIVE RECOMMENDATION:  Approved (A. Boungjaktha 8/9/24)

 

PURPOSE: Authorize and approve the County Executive to sign the agreement between Earth Finance, Inc. and Snohomish County. 

 

BACKGROUND: Snohomish County is interested in establishing a world-leading Sustainable Aviation Fuels (SAF) Center at Paine Field. In 2023, the plan received a crucial $6.5 million appropriation from the Washington State Legislature. This SAF Center will have a significant impact on the climate economy locally and worldwide and could create widespread investment and jobs in the region. The County has been working to provide regular briefings to key national and international stakeholders across public, private, and nonprofit sectors. As part of this effort, the Contractor shall lead the development and implementation of a business plan through targeted and strategic engagement. The Contractor shall develop a business model, lead outreach and feasibility missions, and conduct other tasks as related to the project’s success.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

130 577211054101

$822,983.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

$822,983.00

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  Click or tap here to enter text.

 

CONTRACT INFORMATION:

ORIGINAL

x

CONTRACT#

 

AMOUNT

 

AMENDMENT

 

CONTRACT#

 

AMOUNT

 

 

Contract Period

ORIGINAL

START

Upon Execution

END

06-30-2025

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Approved as to form by DPA Rebecca Wendling. Reviewed/approved by Sheila Barker 8/9/24 (Risk Management) and Nathan Kennedy 8/9/24 (Finance).